Stark County FHA Loan Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Stark County, North Dakota based on real HMDA transaction records.

Loan Details

US County (Smart Autofill)

Loan Type

Stark County, ND Benchmarks

FHA averages

Typical Property Value$306,796

Average Down Payment6.6%

Average Interest Rate6.480%

Effective Tax Rate0.82%

Median Tax Paid$2,411/yr

Tax Growth (Historical)-2.5%

Based on 167 regional loans totaling $47,435,000 (HMDA database).

Home Price

Down Payment

$20,249 down · $286,547 financed

Interest Rate

Loan Term

yrs

Extra Monthly Principal

Paid directly to principal

Mortgage Start Date

Payoff estimated June 2056

Local & Recurring Costs

Property Tax Rate

$210 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$121 / month

Estimated Monthly Payment

$2,320/mo

Principal & Interest$1,839
Property Tax$210
Home Insurance$150
FHA MIP$121

Amortization · Remaining Balance

Financed Loan Amount

$291,562

Total Interest

$370,491

Total of Payments

$662,053

*Includes financed FHA Upfront MIP of $5,015

Local Market Insights

Stark County FHA Mortgage Overview

In Stark County, the 6.57% weighted average down payment for FHA loans provides accessible entry, but note that mandatory Mortgage Insurance Premiums (MIP) apply for the loan's life due to the 93.43% LTV ratio, making this ideal for buyers with sub-620 credit. When evaluating an FHA loan with PMI and taxes in Stark County, ND, the 0.82% effective property tax rate and recent -2.5% inflation-adjusted tax shift offer slight monthly relief. For an FHA loan down payment in Stark County, North Dakota, this data reflects 100% primary residences, not investments, ensuring accurate Stark County FHA loan limits and tax considerations.

Disclaimer: This calculator provides estimates for educational purposes only and does not constitute a loan offer or financial advice. Actual rates, taxes, insurance, and fees will vary.